Bearish Cup With Handle on USOIL Short

Crude Oil (WTI)FXCM

Description

⋅ Jan 30, 2018 2:37 AM

An upside down cup with handle formed on the 15min USOIL chart and I think it is time for a little retrace which should be approximately the same as the "depth" of the cup.

Trade closed: target reached

⋅ Jan 30, 2018 4:05 PM

And he scores!

Chart Patterns

Comments

jkbamkeerthi

⋅ Jan 30, 2018 7:03 AM

correct fella. should hit 64.18 atleast to correct then should move up only

Ambipath

⋅ Jan 30, 2018 4:05 PM

@jkbamkeerthi,Wohoo!